The historic U.S. food manufacturer is the only publicly traded company listed as a subsidiary on Berkshire Hathaway`s website. Kraft-Heinz, however, is an independent, publicly traded company in which Berkshire owns 26.7%. As a holding company, Berkshire Hathaway holds or holds a significant stake in dozens of large companies, including public and private companies. As of 2018, Berkshire Hathaway had approximately 50 subsidiaries. Berkshire Hathaway Energy has a portfolio of utilities including NV Energy in Nevada, Northern Powergrid in England, Northern Natural Gas and PacifiCorp. In addition to the companies that Berkshire Hathaway actually owns, the conglomerate holds significant investments in several other companies, including some of the biggest public names in the market. In addition, some reports criticize Berkshire Hathaway`s stakes in Wells Fargo (which has also performed poorly recently) as part of the company`s recent slight decline in shares. In 2012, Berkshire purchased the Texas dailies The Eagle from Bryan-College Station and the Waco Tribune-Herald. [73] In 2013, the company purchased Tulsa World, Greensboro, North Carolina-based News & Record, Virginia`s Roanoke Times, and Press of Atlantic City. As of March 2013, BH Media owned 28 daily newspapers and 42 non-daily newspapers. [74] According to the Forbes Global 2000 list and formula, Berkshire Hathaway is the eighth largest publicly traded company in the world, the tenth largest conglomerate by revenue and the largest financial services company in the world by revenue. [10] [11] As you can see, Warren Buffett likes to measure his company`s performance by the performance of the underlying index, in this case the S&P 500.
Source Berkshire Hathaway Annual Reports Gateway Underwriters Agency was founded in 1954 and is an underwriter for various types of insurance, including property and casual insurance, personal insurance, transportation insurance, and specialty/professional insurance. The Company is headquartered in Maryland Heights, Missouri, and operates through binding regulatory and brokerage agreements with affiliated and unaffiliated corporate partners. The company operates in more than 100 markets and offers online offers for more than 30 different industries. Gateway was acquired by Berkshire Hathaway in 1967 when Berkshire acquired the National Indemnity Company in 1967. In 1996, Berkshire acquired FlightSafety International Inc. (or FSI), founded in 1951 by Albert Lee Ueltschi. [62] FSI`s head office is located at LaGuardia Airport in Flushing, New York. It provides high-tech pilot training to aircraft operators in the military, government, corporate and regional sectors or on major scheduled flights. FlightSafety is the world`s leading provider of aviation vocational training. According to its website, the company has more than 1,800 instructors and offers more than 4,000 individual courses for 135 aircraft types, using more than 320 flight simulators to serve customers from 167 countries. [63] Berkshire Hathaway (/ˈbɜːrkʃər/) is an American multinational conglomerate headquartered in Omaha, Nebraska, United States.
It is headquartered in Elkhart, Indiana. It started as an RV business, but has since expanded its business to include Class A, B and C RVs, travel trailers, fifth wheel hitches, toy vans, pop-up motorhome caravans and more. Since its inception, Forest River has 11,000 employees. In 2005, it was announced that Berkshire would acquire Forest River. Insurance subsidiaries typically represent the largest parts of Berkshire Hathaway, but the company also manages hundreds of different companies around the world, including Duracell, International Dairy Queen, Pampered Chef, Fruit of the Loom, NetJets, and GEICO, among others. .